$618,000 Active Under Contract
5850 Blue Canyon Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
1,966 Sq Ft

About This Property

This elegant four-bedroom residence boasts refined finishes and meticulous details throughout. The expansive primary suite offers a private balcony with picturesque views. Tile flooring graces the main living areas, complemented by a sophisticated fireplace featuring a custom backsplash. The kitchen is adorned with granite countertops and a matching backsplash. For your convenience, a washer, dryer, and refrigerator are included. The backyard presents a truly remarkable feature: sweeping, unobstructed vistas of the Sierra mountains, providing a stunning backdrop for both daily life and entertaining. The yard also includes a concrete patio, storage, and a variety of fruit trees, such as apple, pear, nectarine, and cherry.

Listed by Tonirose Calimlim — Fathom Realty

Listing Details

Status Active Under Contract
MLS # 260002317
Days on Market 65
Price/Sq Ft $314

Property History

Mar 04, 2026
Listed for sale
$618,000
Current
Pending
$618,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,966
Lot Size 0.11 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Subdivision Sapphire Ridge Phase 3
APN 204-691-11
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s), Valley
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,611
HOA Fee $29 / Monthly
HOA / Community First Service Residential
Schools
Elementary School Melton
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities None
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($123,600)
Home price
$618,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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